Published: 23 Jun 09 11:32 CET | Print version
Online: http://www.thelocal.se/20224/20090623/
Support for Sweden joining the eurozone has reached its highest point in six years, with voters in favour of retaining the krona maintaining a lead of just one percentage point in a new poll.
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It's too easy to say in response, "Told you so!" But i say it anyway :p
Lose control of the currency and one loses control of life.
Look to the PIGS, Portugal, Irelands, Greece & Spain, and see what an uncontrollable and therefore inappropriate exchange rate has done for their economies. Ask them about the Euro.
The clamour for the Euro is international banker induced hysteria as a means to control everyone and everything. The governemnt supports joining because the government has been bought and paid for by the bankers.
if sweden gets the euro prices will go UP! like it did in finland and greece some people know this to be true. in a business stand point i do understand about the exchange rates,but on a social stand point it could be a wrong fit for sweden. the euro will bring it's good and bad points,but sweden needs to look at all aspects of the euro. i think sweden needs to review it's taxation and collective laws before the accept the euro,to make sure that the euro is good for sweden.
The EURO was very possitive to portugal .. our economy is safer especialy with this financial crise moving on. Its true that prices raise up but was only in the first year, now everything was back to normal.
The swedish economy will be stronger and safer and swedes will travel with more money, with Euro. The krona is very low, and its true that benefits the exportations and tourism, but the others economy sectors are being a bad moment.
On the next referendum i will vote YES! :)
you are wrong, the Euro has not been beneficial to Portugal.
However, Portugal has benefited from the huge subsidies given to them by the 5 net contributors to the EU budget, who are: UK, Sweden, Germany, Denmark, Netherlands.
Yes, that's right everybody, every other nation in the EU takes money from these 5 nations, and we're not talking loose change, we're talking tens of billions.
Imagine what Sweden could do with the money is sends to Portugal and everyone else, more teachers, nurses, doctors, social housing, lower tax....
As for the arguments about exchange rates being better for Swedish companies that export goods, this only holds true if ALL of the components in the item being exported is sourced domestically .
I know you are going to go off on a rant about what a load of crap this is but I expect no less from a misguided concrete operating patriotic drone.
Thanks for your kind words.
I feel it necessary however to point out that the USA is bankrupt, morally as well as financially.
Unemployment, measured in U6, is 17.6%, the fiscal deficits amount to over $550000 per person and will only go higher due to the demographics of the baby boomers.
The answer is to default or to hyperinflate, or impoverish it's own people, in fact all options come down to the impoverishment of it's own people, it's just a matter of time, and that is also running out PDQ.